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This same man, according to Sky News, has now been offered shares in RBS in the value of 3 million + pounds, it's an outrage. This is adding insult to injury.
The public opinion is simmering, like lava about to burst up from a volcano. Comments on Sky News receive votes, and there are heavily voted comments suggesting there may be an insurrection if this goes on.
The Government should get their act together. A few weeks ago they promised to put an end to the indiscriminate bonus system, possibly by March this year. They're considering giving share-holders more say in the remunerations of the board executives
But bankers' bonus season starts in January and goes on into February, so maybe the top bankers are trying to grab massive amounts of corporate shares in a last bid to remain in the banks' share-business and so-by become predominant share-holders.
So if a new law is introduced giving share-holders binding votes on board-room payouts, the bankers will already have guaranteed themselves a place among the major shareholders.
Each year the same individuals are getting millions of pounds, in money and in shares.
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